Gas Station with 3 apartments

Retail-Commercial for Sale
Catylist Listing ID: 30570722
Property Subtypes: Convenience Store, Service Station/Gas Station
Building Size (RSF): 3,600 SF
Gross Building Area: See Agent
Sale Price: $599,900
Unit Price: $166.64 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Old Mountaineer Market
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/6/2020

Overview / Comments

Property sits on 6.17 acres +/- off of Exit 27 Interstate 26 (Okolona Exit). There are three apartments above the store that bring in a total of $1,275 a month. There is also a single family residents that brings in $475 a month.

Store has great potential. It was doing approximately $45,000 in inside sales and 21,000 gallons a month in gas gallons. The store is currently shut down.

Additional Details

Nearest MSA: Johnson City
County: Washington
Tax ID/APN: 010072 02400
Zoning: B-3
Retail Clientele: General
Property Visibility: Excellent
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Property Condition: Fair
Sprinklers: None
Heat Type: Electricity
Heat Source: Central, Wall Units
Air Conditioning: Evaporative Cooler, Window Unit
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 939 21,721 53,112
Median Age: 35.04 34.05 37.02
Households: 488 8,454 22,382

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